In a recent bid Lincoln National Corporation [LNC] faced a contemporary bid of $34.01 yielding a 0.83% incline where 1.71 million shares have exchanged hands over the last week. LNC amount got a fall by -4.12% or -$1.46 versus $35.47 at the end of the prior session. This change led market cap to move at 6.72B, putting the price 111.10% below the 52-week high and -45.97% above the 52-week low. The company’s stock has a normal trading capacity of 1.71 million shares while the relative volume is 0.90.

On 24, September 2020, Lincoln Financial Group to Report Third Quarter Earnings. According to news published on Yahoo Finance, Lincoln Financial Group (NYSE:LNC) announced today that it will report its third quarter earnings after market close on Wednesday, November 4, 2020. A conference call is scheduled for Thursday, November 5, 2020, at 10:00 a.m. Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Lincoln National Corporation [NYSE:LNC] stock was on April 17, 2020, when it was Downgrade with a Neutral rating from Citigroup, which also lowered its 12-month price target on the stock from $35 to $30. On March 20, 2020, RBC Capital Mkts Downgrade a Sector perform rating and plunged its price target on this stock from $70 to $40. On March 10, 2020, Piper Sandler Downgrade a Neutral rating and decreased its price target from $60 to $36. On January 07, 2020, Morgan Stanley Upgrade an Overweight rating and increased its price target to $73. On June 25, 2019, Goldman Upgrade a Buy rating and boosted its amount target on this stock to $77. On January 08, 2019, Wells Fargo Resumed a Market perform rating and boosted its target amount on this stock to $63.

In the past 52 weeks of trading, this stock has oscillated between a low of $16.11 and a peak of $62.95. Right now, according to Wall Street analyst the average 12-month amount target is $44.36. At the most recent market close, shares of Lincoln National Corporation [NYSE:LNC] were valued at $34.01. According to the average price forecast, investors can expect a potential return of -2.95%.

FUNDAMENTAL ANALYSIS

Lincoln National Corporation [NYSE:LNC] most recently reported quarterly sales of 3.52 billion, which represented growth of -18.50%. This publicly-traded organization’s revenue is $1,519,591 per employee, while its income is $78,014 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.30, 5.21, 6.20 and 3.84 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 25.13 and the whole liability to whole assets at 2.07. It shows enduring liability to the whole principal at 23.98 and enduring liability to assets at 0.02 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 33.42 points at 1st support level, the second support level is making up to 32.84. But as of 1st resistance point, this stock is sitting at 34.87 and at 35.72 for 2nd resistance point.

Lincoln National Corporation [LNC] reported its earnings at $0.97 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.39/share signifying the difference of -0.42 and -30.20% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $2.24 calling estimates for $2.21/share with the difference of 0.03 depicting the surprise of 1.40%.

Important Ratio’s To Watch

Quick ratio, showing Cash ratio at 0.00. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.69, it’s amount to book ratio is 0.59 and showing 32.27 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by LACHMAN M LEANNE, Director, and it was the purchase of 3000.0 shares on May 19. Buckingham Lisa, the EVP, Ch Pple Place Brand Off, completed a purchase of 2000.0 shares on Mar 13. On Mar 12, Solon Kenneth S., EVP & Chief Information Ofc., completed a purchase of 4000.0 shares.